SPORT CONVERTOR: what changed
SPORT CONVERTOR
Largest movements
- Stocks and contracts -€15,761
down €15,761 (-27.8%), from €56,789 to €41,029
- Tangible fixed assets +€9,027
up €9,027 (+29.0%), from €31,115 to €40,141
of which Furniture and vehicles: +€16,359
- Cash +€7,402
up €7,402 (+155%), from €4,779 to €12,181
mainly Debts after one year (+€17,376) and Stocks and contracts (+€15,761)
- Debts after one year +€17,376
up €17,376 (+10.7%), from €163,154 to €180,530
- Profit (loss) carried forward -€11,589
down €11,589 (-6.7%), from -€172,854 to -€184,443
- Trade debts -€2,188
down €2,188 (-100%), from €2,188 to €0
- Tax, wage and social debts -€1,826
down €1,826 (-23.1%), from €7,900 to €6,074
- Gross operating margin -€11,428
down €11,428, from €9,941 to -€1,487
- Depreciation +€2,109
up €2,109 (+28.4%), from €7,429 to €9,538
- Financial charges -€241
down €241 (-57.5%), from €418 to €177
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,387 | €102,161 | +€1,774 | +1.8% |
| Fixed assets | 21/28 | €31,264 | €40,141 | +€8,877 | +28.4% |
| Intangible fixed assets | 21 | €150 | €0 | -€150 | -100% |
| Tangible fixed assets | 22/27 | €31,115 | €40,141 | +€9,027 | +29.0% |
| Plant, machinery and equipment | 23 | €24,599 | €18,886 | -€5,713 | -23.2% |
| Furniture and vehicles | 24 | - | €16,359 | +€16,359 | |
| Other tangible fixed assets | 26 | €6,516 | €4,896 | -€1,620 | -24.9% |
| Current assets | 29/58 | €69,123 | €62,020 | -€7,103 | -10.3% |
| Stocks and contracts in progress | 3 | €56,789 | €41,029 | -€15,761 | -27.8% |
| Stocks | 30/36 | €56,789 | €41,029 | -€15,761 | -27.8% |
| Amounts receivable within one year | 40/41 | €6,803 | €7,288 | +€485 | +7.1% |
| Trade receivables | 40 | €6,652 | €7,238 | +€585 | +8.8% |
| Other amounts receivable | 41 | €150 | €50 | -€100 | -66.6% |
| Cash at bank and in hand | 54/58 | €4,779 | €12,181 | +€7,402 | +155% |
| Deferred charges and accrued income | 490/1 | €752 | €1,522 | +€770 | +102% |
| Total equity and liabilities | 10/49 | €100,387 | €102,161 | +€1,774 | +1.8% |
| Equity | 10/15 | -€72,854 | -€84,443 | -€11,589 | -15.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,854 | -€184,443 | -€11,589 | -6.7% |
| Amounts payable | 17/49 | €173,241 | €186,604 | +€13,363 | +7.7% |
| Amounts payable after more than one year | 17 | €163,154 | €180,530 | +€17,376 | +10.7% |
| Financial debts | 170/4 | €163,154 | €180,530 | +€17,376 | +10.7% |
| Amounts payable within one year | 42/48 | €10,088 | €6,074 | -€4,014 | -39.8% |
| Trade debts | 44 | €2,188 | €0 | -€2,188 | -100% |
| Suppliers | 440/4 | €2,188 | €0 | -€2,188 | -100% |
| Taxes, remuneration and social security | 45 | €7,900 | €6,074 | -€1,826 | -23.1% |
| Taxes | 450/3 | €7,900 | €6,074 | -€1,826 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,429 | €9,538 | +€2,109 | +28.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €9,941 | -€1,487 | -€11,428 | |
| Operating profit (loss) | 9901 | €2,125 | -€11,425 | -€13,549 | |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €418 | €177 | -€241 | -57.5% |
| Recurring financial charges | 65 | €418 | €177 | -€241 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €1,707 | -€11,589 | -€13,296 | |
| Profit (loss) for the period | 9904 | €1,707 | -€11,589 | -€13,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,707 | -€11,589 | -€13,296 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.